Beingmate Balance Sheet Health
Financial Health criteria checks 5/6
Beingmate has a total shareholder equity of CN¥1.6B and total debt of CN¥887.6M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are CN¥3.6B and CN¥2.1B respectively. Beingmate's EBIT is CN¥103.0M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥967.8M.
Key information
55.8%
Debt to equity ratio
CN¥887.64m
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥967.81m |
| Equity | CN¥1.59b |
| Total liabilities | CN¥2.05b |
| Total assets | CN¥3.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002570's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002570's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥42.7M).
Debt to Equity History and Analysis
Debt Level: 002570 has more cash than its total debt.
Reducing Debt: 002570's debt to equity ratio has reduced from 82.1% to 55.8% over the past 5 years.
Debt Coverage: 002570's debt is well covered by operating cash flow (50%).
Interest Coverage: 002570's interest payments on its debt are well covered by EBIT (4.2x coverage).